Oct. 13, 2010 at 4:54 p.m.
Filed under:
Airlines,
Airplanes,
Airports,
Policy,
Politics
Mayor Richard Daley said Wednesday he will not push forward with a second attempt to privatize Midway Airport during the remainder this term, which ends next May.
“We’re not going to move on it,” Daley told the Chicago Tribune’s editorial board during a discussion of his proposed 2011 budget. “It will be up to the [next] mayor to make that decision.”
The mayor has pursued the idea as a way to bring a revenue windfall into city coffers, as happened with the outsourcing of parking meters and the long-term lease of the Chicago Skyway. But a proposed deal to lease Midway for 99 years for $2.5 billion fell through last year when the investors could not secure funding. Get the full story »
Oct. 13, 2010 at 3:57 p.m.
Filed under:
Airlines,
Airplanes,
Airports,
China,
International
By Julie Johnsson
United Airlines said Wednesday it had gained federal approval to begin daily flights from Los Angeles to Shanghai in little more time than it takes to fly between the two cities.
The speedy review of United’s request, completed a day after the Chicago carrier asked for permission to launch the new China service next year, is in contrast to the lengthy lobbying battles over access to China’s booming market that played out during the 1990s and in the 2000s.
Earlier this month, the U.S. Department of Transportation had needed just six days to approve a request by American Airlines to fly from Los Angeles to Shanghai. Get the full story »
Oct. 13, 2010 at 10:28 a.m.
Filed under:
Airlines,
Airplanes,
Airports,
International
By Reuters
Leading airlines have called on Europe and the United States to cap export credits on the sale of passenger jets at 20 percent in the latest ripple of a growing spat over multi-billion-dollar subsidies.
U.S. and European airlines say their Gulf rivals get subsidies and export credits that allow them to grow at a breakneck pace and take market share. Get the full story »
Oct. 12, 2010 at 4:52 p.m.
Filed under:
Airlines,
Airplanes,
Airports,
China,
International
By Julie Johnsson
Like rival American Airlines, United Airlines wants to expand its reach into China and has asked federal officials for permission to begin daily flights from Los Angeles to Shanghai starting in May 2011.
The new service would expand United’s reach in Asia’s booming air travel market, which has rebounded from the recent global recession faster than the U.S. and Europe.
Chicago-based United also seeks to take advantage of additional flights between the U.S. and China that will become available in 2011 under a recent trade agreement that loosened the tightly regulated market for air travel between the two countries. Get the full story »
Oct. 11, 2010 at 3:48 p.m.
Filed under:
Airlines,
Airplanes,
Earnings
By Associated Press
JetBlue Airways Corp. said Monday that its September traffic rose 14.6 percent.
The discount airline said it flew 2.20 billion revenue passenger miles during the month, up from 1.92 billion in the same month a year earlier. A revenue passenger mile is one paying passenger flown one mile. Get the full story »
Oct. 8, 2010 at 1:00 p.m.
Filed under:
Airlines,
Airplanes,
Government,
Technology
By Associated Press
U.S. aviation officials are warning air carriers that new research shows lithium batteries are sensitive to heat and can ignite in-flight if transported in cargo compartments that get too hot. Get the full story »
Oct. 8, 2010 at 11:19 a.m.
Filed under:
Airlines,
Airplanes,
Airports,
Earnings
By Associated Press
United Airlines said September traffic rose 7.6 percent, and a key revenue measure rose too. The airline said the revenue collected for each available seat flown one mile rose 13.5 percent to 14.5 percent compared with September 2009. Not counting regional flights on partner carriers, the same revenue measure rose 14 percent to 15 percent.
Oct. 7, 2010 at 11:03 a.m.
Filed under:
Airlines,
Airplanes,
Defense,
Manufacturing
By Reuters
Boeing Co. said Thursday it delivered 124 commercial planes in the third quarter compared with 113 in the third quarter a year earlier. Get the full story »
Oct. 6, 2010 at 11:48 a.m.
Filed under:
Airlines,
Airplanes,
Airports,
Jobs/employment,
Labor
By Reuters
Flight attendants with Continental Airlines Inc said they will not participate in contract talks with their peers at United Airlines, according to a report in Bloomberg.
United flight attendants had said in an exchange of letters they would have more leverage if they worked together, according to Bloomberg.
Representatives for Continental and for Association of Flight Attendants could not be immediately reached for comment. Get the full story »
Oct. 6, 2010 at 10:37 a.m.
Filed under:
Airlines,
Airplanes,
Airports,
Jobs/employment,
Labor
By Associated Press
American Airlines is recalling about 800 furloughed employees, about 1 percent of its work force, as it adds flights on international routes. CEO Gerard Arpey announced the jobs as American launched a new trans-Atlantic business with British Airways and Spanish airline Iberia. American is working on a similar alliance with Japan Airlines across the Pacific.
Oct. 5, 2010 at 6:18 a.m.
Filed under:
Airplanes,
Airports,
Government
By McClatchy Tribune Newspapers
The Federal Aviation Administration has issued an interim requirement that planes landing after either of Boeing’s two new airplanes, the 787 Dreamliner and the 747-8 jumbo jet, stay at least 10 miles behind.
The current requirement for large airplanes, including the 747-400 in service, is just 4 miles separation from other heavy jets and up to 6 miles from light aircraft. Get the full story »
By Associated Press
Shares of U.S. airlines fell Monday. Although the Obama administration issued a terrorism alert for Americans travelling to Europe, the more likely culprits were higher jet fuel prices and a broader stock market downturn. United, Continental, American and Delta said they weren’t seeing unusual numbers of cancellations and were operating their full schedules of flights to and from Europe on Monday.
By Reuters
United-Continental CEO Jeff Smisek, center, talks with two employees on Sept. 23, 2010, in Houston. (Tribune)
Airline company United Continental Holdings Inc., formed Friday in the merger of UAL and Continental Airlines, said Chief Executive Jeff Smisek would receive an annual salary of $975,000.
Smisek, who had been CEO of Continental, may also receive 150 percent of his salary as an annual bonus. Pay details were disclosed by the company in a Securities and Exchange Commission filing Friday.
UAL and Continental merged to create the world’s largest carrier by traffic. Get the full story »
Oct. 1, 2010 at 11:36 a.m.
Filed under:
Airlines,
Airplanes,
Airports,
M&A,
Updated
By Emily Bryson York
Continental Airlines CEO Jeff Smisek walks through Terminal C of Houston Intercontinental Airport to catch a flight to Chicago on Sept. 23, 2010. (Tribune)
United Airlines closed its merger with Continental Airlines Friday to create the world’s largest airline, called United Airlines. The stock begins trading this morning under the symbol UAL. The holding company formed from the all-stock merger will be called United Continental Holdings Inc.
The two airlines will begin marketing as one company in the spring. In the meantime, travelers will see United employees at United kiosks and Continental employees at Continental kiosks, depending on which carrier is handling the flight.
The company is working to combine frequent flyer programs. In a call with reporters, Smisek underscored, “your miles are safe.” Get the full story »
Sep. 30, 2010 at 3:04 p.m.
Filed under:
Airplanes,
Updated
By Reuters
747.jpg Spectators gather to watch the new Boeing 747-8 freighter during taxi tests for the new airplane. (AP)
Boeing Co. said Thursday it would delay first delivery of the 747-8 Freighter, its biggest commercial jet, but shares of Boeing rose on news that the delay would not hurt the company’s 2010 financial results. Get the full story »
